Roots Law Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11228696

ROOTS LAW LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

27 February 2025

ROOTS LAW LIMITED

STATEMENT OF FINANCIAL POSITION

27 February 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	5		5,048	2,126

CURRENT ASSETS

Debtors	6	99,976	187,394
Cash at bank and in hand		16,155	50,503
		---------	---------
		116,131	237,897

CREDITORS: amounts falling due within one year	7	( 180,257)		( 99,840)
		---------		---------
NET CURRENT (LIABILITIES)/ASSETS			( 64,126)	138,057
			--------	---------
TOTAL ASSETS LESS CURRENT LIABILITIES			( 59,078)	140,183
			--------	---------
NET (LIABILITIES)/ASSETS			( 59,078)	140,183
			--------	---------

CAPITAL AND RESERVES

Called up share capital	100	100
Profit and loss account	( 59,178)	140,083
	--------	---------
SHAREHOLDERS (DEFICIT)/FUNDS	( 59,078)	140,183
	--------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the period ending 27 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

ROOTS LAW LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

27 February 2025

These financial statements were approved by the board of directors and authorised for issue on 9 December 2025 , and are signed on behalf of the board by:

A Korenkov

Director

Company registration number: 11228696

ROOTS LAW LIMITED

NOTES TO THE FINANCIAL STATEMENTS

PERIOD ENDED 27 FEBRUARY 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 6.07 Chancery House, 53-64 Chancery Lane, London, WC2A 1QS, England.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises revenue recognised by the company in respect of services provided, exclusive of Value Added Tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Income tax

Deferred Taxation is provided using the liability method on all timing differences that have originated but not reversed at the balance sheet date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Office equipment	-	33% straight line

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the period amounted to 4 (2024: 3 ).

5. TANGIBLE ASSETS

	Office equipment
	£
Cost
At 29 February 2024	19,062
Additions	5,446
	--------
At 27 February 2025	24,508
	--------
Depreciation
At 29 February 2024	16,936
Charge for the period	2,524
	--------
At 27 February 2025	19,460
	--------
Carrying amount
At 27 February 2025	5,048
	--------
At 28 February 2024	2,126
	--------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	43,371	175,653
Other debtors	56,605	11,741
	--------	---------
	99,976	187,394
	--------	---------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	300,785	–
Corporation tax	–	36,998
Social security and other taxes	7,673	21,822
Other creditors	( 128,201)	41,020
	---------	--------
	180,257	99,840
	---------	--------